Refex Industries Limited (REFEX) Board Meeting: PAT ₹7,339.1 Cr & Revenue ₹62,725.7 Cr

· NSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
MetricValue
Revenue₹62,725.7 Cr
Net Profit (PAT)₹7,339.1 Cr
📢 Key Event
Board approved scheme of amalgamation and reclassified Ms. Lalitha Uthayakumar to General Manager – Accounts effective August 1, 2026.
🔮 What's Next
Stakeholder meeting scheduled for August 5, 2026, to progress amalgamation scheme.
💡 Investor Takeaway
Improved profitability signals operational recovery, but restructuring risks remain material.

Refex Industries reported consolidated net profit of ₹24,719 crores for Q1 FY2026, up sharply from ₹2,472 crores YoY, driven by revenue growth to ₹206,922 crores. The board approved a scheme of amalgamation and reclassified Ms. Lalitha Uthayakumar to General Manager – Accounts effective August 1, 2026. Discontinued operations contributed a loss of [amount context mismatch] crores, with Refrigerant Gases and Power Trading exiting the business. Audit confirms compliance with SEBI LODR and Ind AS. Shareholders should note improved profitability but ongoing restructuring risks.

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About Refex Industries Limited (REFEX)

Chemicals · Chemicals & Petrochemicals · Listed on NSE

Market Cap: ₹3,811.4 Cr P/E: 22.9

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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